Tag: Jobs and the Economy

Merkley Bill Would Help Homeowners Refinance, Rebuild Equity

Washington, DC- Today, Oregon’s Senator Jeff Merkley introduced the Rebuilding Equity Act, a bill that will lower costs for some homeowners seeking to refinance through the Home Affordable Refinance Program (HARP).  Under this bill, if homeowners who are current on their mortgage seek to refinance into a 20-year loan term

MERKLEY MEETS WITH SMALL BUSINESS ABOUT NEW OPTIONS FOR RAISING MONEY ONLINE

Portland, OR – Oregon’s U.S. Senator Jeff Merkley held a roundtable meeting at the Portland State University Business Accelerator today to discuss crowdfunding, a new option for businesses to raise capital online. Merkley wrote the CROWDFUND (Capital Raising Online While Deterring Fraud and Unethical Non-Disclosure) Act which was recently signed

Merkley: FHFA Principal Write-down Analysis Step in Right Direction

Washington, DC– Oregon’s Senator Jeff Merkley issued the following statement after the release of new analysis by the Federal Housing Finance Agency (FHFA) that principal write-downs for homeowners could save billions of dollars for Fannie Mae and Freddie Mac. “Today’s analysis is a step in the right direction. When it

Merkley: Crowdfunding Exciting New Opportunity for Small Businesses and Startups

Washington, DC – Oregon’s Senator Jeff Merkley issued the following statement after President Obama signed into law the “JOBS” Act, which includes an amendment he sponsored to provide for crowdfunding. The crowdfunding amendment, cosponsored by Senators Michael Bennet (D-CO) and Scott Brown (R-MA), allows small businesses and startups to raise

Merkley Kicks-Off “Made In Oregon” Manufacturing Tour at Vigor Industrial

Portland, OR – Oregon’s Senator Jeff Merkley today kicked off a two week tour of Oregon manufacturing facilities with a tour of Vigor Industrial and a roundtable discussion with Portland area manufacturing businesses. The “Made in Oregon” tour is a chance for Senator Merkley to hear directly from Oregon businesses

Merkley Statement on Crowdfunding Amendment

WASHINGTON, DC – Oregon’s Senator Jeff Merkley issued the following statement after Senate passage of his amendment to provide online funding for startup companies while instituting strong protections for investors: “Crowdfunding has the potential to unleash a wave of new economic opportunity by letting small businesses and start-up companies use

Merkley Statement on Commerce Ruling on Chinese Solar Panel Subsidies

Washington, DC – The U.S. Commerce Department today found that the Chinese government is improperly subsidizing solar manufacturers.  Oregon’s Senator Jeff Merkley issued the following statement on the ruling: “American workers can compete with anyone in the world when we have a fair playing field.  Unfortunately, China’s subsidies have distorted

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